Golden LEAF Funds Yacht Slips, iPod Touches
As part of $71 million in grants, foundation also bankrolls study of hops
RALEIGH (By David N. Bass, Carolina Journal Online) — Yacht slips, iPod touches, and hops were on Golden LEAF’s menu of grants this year — and leaders of the nonprofit foundation are defending every penny.
The projects are part of $71 million in grants distributed in the previous fiscal year. Others include funds for renovating a vacant structure in Winston-Salem to house a “green business incubator” and an initiative to encourage consumers to spend at least 10 percent of their grocery budgets on locally grown foods.
The General Assembly established Golden LEAF (Long-term Economic Advancement Foundation) after a multi-state settlement with tobacco companies in 1998. The foundation’s goal is to spur economic development in tobacco-dependent areas of North Carolina.
RALEIGH (By David N. Bass, Carolina Journal Online) — Yacht slips, iPod touches, and hops were on Golden LEAF’s menu of grants this year — and leaders of the nonprofit foundation are defending every penny.
The projects are part of $71 million in grants distributed in the previous fiscal year. Others include funds for renovating a vacant structure in Winston-Salem to house a “green business incubator” and an initiative to encourage consumers to spend at least 10 percent of their grocery budgets on locally grown foods.
The General Assembly established Golden LEAF (Long-term Economic Advancement Foundation) after a multi-state settlement with tobacco companies in 1998. The foundation’s goal is to spur economic development in tobacco-dependent areas of North Carolina.
posted by BP News Bureau | 12:12 PM
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